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Hanford, CA

Full City Profile · California · Kings County County

2.8 /5.0
C+ Fair
59,389 Population 3,312/sq mi density
$73,544 Median Income $31,281 per capita
$323,600 Home Value $374,952 Zillow
$1,196 Median Rent 29.7% income on rent
64°F Avg Temperature 330 sunny days/yr
449 Violent Crime/100K 2,170 property/100K
C+
Overall
2.8 / 5.0
Fair overall score based on economy, affordability, safety and education
B+
Economy
3.6 / 5.0
$73,544 median income, 5.1% unemployment
A
Affordability
4.2 / 5.0
$323,600 home value, $1,196/mo rent
F
Safety
1.0 / 5.0
449 violent crimes/100K (18% above avg)
C
Education
2.4 / 5.0
17.8% bachelor's degree or higher

Housing Overview

Median Home Value
$323,600
15% above
US avg: $281,900
Median Rent
$1,196/mo
3% above
US avg: $1,163/mo
Homeownership Rate
62.1%
5% below US avg (65.4%)
Total Housing Units
19,374
Median year built: 1986

Home Value by Source

Census Median
$323,600
Zillow (ZHVI)
$374,952
Median Sale Price
$373,500
Median List Price
$379,600
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

62.1%
Owner-Occupied
37.9%
Renter-Occupied
62%
38%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$1,513/mo
1 Bedroom
$1,647/mo
2 Bedroom
$2,053/mo
3 Bedroom
$2,752/mo
4 Bedroom
$3,165/mo
Census median rent: $1,196/mo · Zillow rent: $1,693/mo

Market Indicators (Redfin)

Median Days on Market
36 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
46
Price Drops
24.3%
of listings with price reduction
Price Per Sq Ft
$242
Active Inventory
103
homes for sale

Affordability & Housing Stock

Rent Burden
29.7%
of renters spending 30%+ of income on housing
4% below US avg (31.0%)
Median Year Built
1986
Average age of housing stock: 40 years
Homeownership Rate
62.1%

Complete Housing Data

Home Values

Census Median Value$323,600
Zillow Home Value (ZHVI)$374,952
Median Sale Price$373,500
Median List Price$379,600
Price Per Sq Ft$242

Rent

Census Median Rent$1,196
Zillow Rent (ZORI)$1,693
FMR Studio$1,513
FMR 1-Bedroom$1,647
FMR 2-Bedroom$2,053
FMR 3-Bedroom$2,752
FMR 4-Bedroom$3,165

Market

Days on Market36
Sale-to-List Ratio1.0%
Price Drops24.3%
Homes Sold46
Active Inventory103
Price Per Sq Ft$242

Ownership & Stock

Owner-Occupied62.1%
Renter-Occupied37.9%
Homeownership Rate62.1%
Total Housing Units19,374
Median Year Built1986
Rent Burden29.7%